Free Trial

MNI CNB WATCH: 25bp Cut To 4.00% Seen, Fresh Projections Due

Czech National Bank will decide on interest rates this Thursday.

MNI (LONDON) - The Czech National Bank is expected to continue fine-tuning its key two-week repo rate with a 25bps cut to 4.00% on Thursday, with headline inflation still close to the tolerance band around 2% despite some upward pressure from services, and with communications coming to the fore.

The CNB will also publish its latest macroeconomic projections, which may see a small increase in the outlook for inflation and a small downgrade to the growth outlook going into 2025. (See MNI EM CNB WATCH: More Easing, But Tight Policy Still Needed)

Keep reading...Show less
167 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

MNI (LONDON) - The Czech National Bank is expected to continue fine-tuning its key two-week repo rate with a 25bps cut to 4.00% on Thursday, with headline inflation still close to the tolerance band around 2% despite some upward pressure from services, and with communications coming to the fore.

The CNB will also publish its latest macroeconomic projections, which may see a small increase in the outlook for inflation and a small downgrade to the growth outlook going into 2025. (See MNI EM CNB WATCH: More Easing, But Tight Policy Still Needed)

Keep reading...Show less